New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-08-13
me difference between the actual now published and the

The difference between the tuai published and the
estimate Is that the surplus for TIE quarter over
per dividends $426 9Sl instead OF $466 000 The
earnings applicable to dividends for the quarter Of this
year 4sl00 per cent against 9O10O per cent for
the quarter OF 1856. For the nine months ended
June 80 1887 the surplus after paying cent on the
capital stock Ia $s66977 against surplus OF only
$54,665 for the period Of 1886 The earnings for
the nine months Of the current equal 91oo
the stock In the last quarter OF last year the
earnings were equal TO l4-1OO. without calculating
any gain for the current quarter over that OF loso
the net earnings Of the current year Will ne equai 10
6 11-1O0 per cent on the stock
days stock speculation was dull ana IL was re
less far any new developments are concerned But
confirmation of previous Developments twas a: lui
OF ideas as an egg OF meat The recorded
in stocks at the STOCK Exchange amounted onIy
to lss2s s6ass and S sTe, t as n. De re. OF
matched orders there remain only 562os snares Ior e
Oa Of aGnf ana Tuap sms
n last evenings quotations Al day II atetna'ea We,
be measured by fluctuations OF 14a2 per cent But
its tone was strong all the ,. nme ., s,or eve
for sale either at the strong or weak periods Aha tnT
closing quotations. whether they we're fractions
ton OF the speculative situation -, ,,
During the last six weeks we have read much ana
that time there has been large aeenne ,h IN
stock values and no niue .sc,ritis But in the
same time there augmentation OF short safes
of stocks which has rot been witnessed or a
counts and also those created Tor the short account
so that during last two weeks niue or no drlHe pIo
gress made the work OF depressio anu INC
idea week probably will he more prevalent man u
that liquidation of shorts Is the hf'l ueces
city. 81; 49,, $500 , ~
Corn again lower to-day, and there was less en-
couragctnent In that bears than mere va, wheh
its price was steadily climbing up under ire scare OF
short crops. More bonds were offered 4" no
Treasury to-day at 40. but the Secrctary 1lhseS
to his resolve q to receive Offers only on
Wednesday, Enough had been fsred yesterday and To-
day TO insure offerings on next wednesday ol over
5000. 600 at ITO or less , a.,
Ives complications are removed as factor IN inc
speculaon and bears have lost one OF their
main props is little left TO them But the stock
Exchange rule making all loans made on FRIDAY pay
able only on Monday. which wthdraws from the
stock EXCHANGE money market every Friday millions or
money which banks and bankersdaTe not engage oNea
business day. gave the bears even more "ppor unity
and they improved IL. To-day ia the last ten
minutes there suddenly was an urgent dclnahu
for money and the rate advanced from AZ 10 10
nor cent some So 900 600 of money was taken which
called for but instead cheek was sent lot e
three days interest
Tho arrivals OF foreign gold to-day amounted to
$3.50 600 and Including tO-day's eneacemehts, some
300 Is OH the here. The aggregate exports
OF breadstufs. oil and cotton in last month were
S23 COL 737 agoinst $23 l4l 400 in July. 1856, and
the movement of cotton has not yet begun
The exact situation OF the stock speculation Is tls
Short aud liquidaed long stocks have been aDsorDcd
some where, The foreign market Tor American secuIl-
tir. never ives larger The market is duh aud
waiting for developments The bears dare not sell
any more and they dare attempt TO buy in when
pray for calamity which at their caiiing.
Government bonds dull and easy with the pas
off IA per the is and L per cent LOT inc 4.s
Anne xed the closing quotations: